One of the most impactful, an overlooked, tax strategies might just be where you live.

Crowdfunding is a national and international phenomenon. Over $17 billion is raised yearly in North America. Is it taxable income?

So you have received a dreaded letter from the IRS. Now what? Don't panic and don't bury your head in the sand. There is a way forward.

Whatever your situation, Wooten CPA is here for you when you are ready to get caught up, and the sooner, the better.

If you wait until tax time, it's too late for the majority of your best tax savings strategies.

Many people think that the IRS has the final word, but that isn't exactly accurate.

I have helped many clients through that exact scenario. Fear not, there is a light at the end of the tunnel.

There actually are some things that will increase your chance of an IRS audit. What are they?

Only clergy benefit from this tax saving tip related to retirement contributions.

The headlines say Trump paid only $750 in taxes for 2016 and 2017. Is there political spin? What's the truth?

When done on purpose, these are acts of tax evasion and fraud. However, it is possible to commit some of these acts unintentionally.

The IRS wants individuals to consider taking the home office deduction. The benefit may allow taxpayers to deduct certain expenses.

When you hire a tax preparer, you are still responsible for the return. As soon as you sign it, you are stating that it is true and accurate

By failing to do this you have underpaid your taxes by almost $3,000. Multiply this by 3 years plus interest and penalties = $10,000+

Do you need to spend time keeping track of every little item related to MHA?

So why does it matter? "If it's a hobby, I don't have to report the income, right?" Wrong.

That's right, you have rights. Yes, the IRS has a lot of power (they can levy assets, including garnishing your wages), but you have rights.

Do you owe the IRS thousands in back taxes? Perhaps you have a tax liability and you are looking for some tax help? Maybe you have heard...

Today, you no longer need knowledge experts to provide you with information. If you don't need information, what do you need?

There are specific answers to this, but since the tax laws change so frequently I’ll give you some timeless advice here.